When to have a PM company takeover when starting REI portfolio

[Faraz Rashid]

Hey,

I am a new REI in the Houston area. Currently, I am looking at a few deals and hoping to close on my first SFR in the next few months. As a graduate student and a full time employee with limited time, I am researching on PM companies in the Houston area. Trying to understand if having a PM company for 1-2 SFR property is needed at this early stage in my REI career. Is it better to manage a few on your own to understand how things work before you let a PM company take over? Also, If anyone has suggestions on great companies they have worked with or in general in the Houston Area, I would greatly appreciate it!

Thanks BP Community